|Bid||10.65 x 100|
|Ask||10.85 x 100|
|Day's Range||10.60 - 10.84|
|52 Week Range||9.79 - 13.31|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.85%|
On December 4–11, 2017, the premium fell and oil prices rose. The supply disruption in the North Sea could have supported US crude oil prices.
Most MLPs (master limited partnerships) closed the week ended December 1 in the red, after seeing some gains earlier in the week.
In this series, we’ll assess the performances of the MLPs with the highest EBITDA (earnings before interest, tax, depreciation, and amortization) margins.
On December 6, natural gas (UNG)(BOIL) January 2018 futures traded at a discount of ~$0.24 to January 2019 futures. This price difference between January 2018 futures and January 2019 futures is called ...
MLPs (master limited partnerships) recovered slightly last week (ended December 1, 2017), after three weeks of sluggishness.
Master limited partnerships are having a tough time this year -- quite an understatement to MLP investors. The Alerian MLP ETF (ticker: AMLP) has fallen more than 15.5% year-to-date, according to Morningstar, ...
On November 28, US crude oil January 2018 futures closed at a premium of $2.7 over January 2019 futures. The difference is known as the “futures spread.”
Despite strong crude oil, MLPs' sluggishness continued last week. The Alerian MLP Index (^AMZ) saw a new 52-week low of $256.7 last week.
US equity markets moved incrementally higher and further into record territory in Black Friday’s abbreviated session, with the Nasdaq, S&P 500 and Dow Industrials ticking higher. The Nasdaq led the way with a gain of 1.6% while the Dow Industrials and S&P 500 both tacked on 0.9%.
The key, of course, is to not just eyeball the dividend yields, but to also understand where the cash for the dividends is coming from and how it will keep coming long after your family’s Thanksgiving meal’s leftovers are finished and even to Thanksgiving holidays years from now. As with the Alerian, the ETF has many advantages as the underlying companies pass through the majority of their profits without having to pay corporate taxes – which provides more cash for higher distributions than ordinary corporations.
MLPs went through some carnage last week. The Alerian MLP Index (^AMZ), which tracks the performance of 50 energy MLPs, saw a new 52-week low of 258.45.
Sanchez Midstream Partners (SNMP) has risen just ~4% year-to-date. However, it still made the list of top ten MLP gainers, as the sector has fallen ~15%. Sanchez Midstream Partners owns oil and…
On November 15, 2017, natural gas (UNG) (BOIL) December 2017 futures traded at a discount of ~$0.1 to December 2018 futures.
MLPs were weak for most of 3Q17. The Alerain MLP ETF (AMLP), which consists of 25 energy MLPs, lost 6.2% in 3Q17, despite strong gains in crude prices.
Of the total 95 MLPs, 62 ended last week in the red, 30 ended in the green, and the remaining three ended flat. Energy Transfer Partners (ETP) fell 5.5%.
Cheniere Energy (LNG) has been on an upward trend since the start of November, having risen 5.4%. At the same time, Alerian MLP ETF (AMLP) has fallen 3.6%.
The Alerian MLP ETF declared its fourth quarter 2017 distribution of $0.2052 on Wednesday, November 8th. The dividend is payable on November 15, 2017 to shareholders of record on November 10, 2017.
US crude oil rose 3.2% last week and ended the week at a 28-month high of $55.6 per barrel. However, MLPs didn’t participate in crude oil's rally.